Portugal Non-Performing Loans
Bank nonperforming loans as % of total gross loans FB.AST.NPER.ZS
Portugal's non-performing loans was 3.68% in 2021, ranked 68th globally. This represents a 24.7% decrease from 2020. Data from World Bank, covering 2007–2021.
Overview
Portugal's non-performing loans stood at 3.68% in 2021, a decline of +1.21pp from 2020. Portugal ranked 68th globally.
Portugal's non-performing loans have exhibited a mixed trend over the past 15 years, with a notable peak in 2015 when the figure reached 16.74%. This was a significant increase from the all-time trough of 2.30% in 2007, indicating a substantial deterioration in the country's banking sector. However, the situation has improved in recent years, with the non-performing loans ratio declining to 3.68% in 2021, a relatively low global ranking of 68. Notably, this improvement is comparable to Hungary, which had a slightly lower ratio of 3.57% in 2021. Despite this progress, Portugal's banking sector still faces challenges, and the country's economic outlook remains closely tied to the performance of its financial institutions. A further decline in non-performing loans would require sustained economic growth and effective credit risk management, key factors that could alter the trajectory of this trend and contribute to a more stable financial environment.
Data & projection
| Year | Non-Performing Loans | YoY change | Rank |
|---|---|---|---|
| 2021 | 3.68% | −1.21pp | #68 |
| 2020 | 4.89% | −1.29pp | #78 |
| 2019 | 6.18% | −3.25pp | #95 |
| 2018 | 9.43% | −3.76pp | #109 |
| 2017 | 13.19% | −3.38pp | #122 |
| 2016 | 16.57% | −0.17pp | #128 |
| 2015 | 16.74% | +6.29pp | #121 |
| 2014 | 10.45% | +1.23pp | #96 |
| 2013 | 9.21% | +1.03pp | #92 |
| 2012 | 8.19% | +1.81pp | #92 |
| 2011 | 6.38% | +1.68pp | #82 |
| 2010 | 4.69% | +0.36pp | #57 |
| 2009 | 4.33% | +1.22pp | #41 |
| 2008 | 3.11% | +0.81pp | #36 |
| 2007 | 2.30% | – | #11 |
Detected Pattern
Analysis
Portugal matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw non-performing loans improve within 24 months. View full analysis →
Frequently Asked Questions
Portugal's non-performing loans was 3.68% in 2021. Ranked 68th globally. This represents a 24.7% decrease from the previous year.
Portugal's non-performing loans peaked at 16.74% in 2015.
The lowest non-performing loans in Portugal was 2.30% in 2007.
Portugal ranks 68th globally in non-performing loans as of 2021.
The World Bank indicator code is FB.AST.NPER.ZS. Data sourced from World Bank.
The non-performing loans of Portugal in 2021 was 3.68%. This ranks 68th in the world.
Cite this page
@misc{historysaid_portugal_non-performing-loans,
title = {Portugal Non-Performing Loans},
url = {https://historysaid.com/portugal/non-performing-loans/},
publisher = {HistorySaid},
year = {2026}
}